TechFlow news: a16z general partner Andrew Chen tweeted that through the a16z SPEEDRUN program, it will invest $30 million over the next 45 days. Under this program, each startup can receive $750,000 in funding and gain access to collaborate with top investors and mentors. The program primarily focuses on areas where technology and gaming intersect, including artificial intelligence/infrastructure, 3D tools, VR/AR, and web3 gaming.
Key dates and program details:
- Deadline: May 19, 2024
- Selection notification: By end of June at the latest
- Program duration: July 29 to October 20, 2024, in Los Angeles
The program spans 12 weeks and is highly selective, accepting only about 1% of applicants. Successful participants will receive funding and mentorship from industry experts. 80% of companies secured investment after the previous cohort's Demo Day.
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